microrobert
05-20-2015, 12:08 PM
Wall Street wolves still on the prowl as survey reveals taste for unethical tactics
The wolf is still on Wall Street. According to a report released on Tuesday a third of financial executives who said they made more than $500,000 annually “have witnessed or have firsthand knowledge of wrongdoing in the workplace”. A quarter would conduct insider trading if they were guaranteed $10m – and knew they would get away with it.
Five years after the financial crisis and following a series of regulatory changes, high-profile prosecutions, fines and a handful of jailings, attitudes to wrongdoing in the US and the UK seem unchastened.
http://www.theguardian.com/business/2015/may/19/wall-street-wolves-survey-unethical-tactics?CMP=edit_2221
The wolf is still on Wall Street. According to a report released on Tuesday a third of financial executives who said they made more than $500,000 annually “have witnessed or have firsthand knowledge of wrongdoing in the workplace”. A quarter would conduct insider trading if they were guaranteed $10m – and knew they would get away with it.
Five years after the financial crisis and following a series of regulatory changes, high-profile prosecutions, fines and a handful of jailings, attitudes to wrongdoing in the US and the UK seem unchastened.
http://www.theguardian.com/business/2015/may/19/wall-street-wolves-survey-unethical-tactics?CMP=edit_2221